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Readability Purposes, Any Reference to “China Shipping”, “The Group”, Or “We” in This Report Refers to China Shipping (Group) Company 01 Messages from Senior Managers China Shipping (Group) Company About This Report 01 Achieving Excellence with About This Report Integrity Overview Dear stakeholders, this is the fourth corporate social responsibility (CSR) report released by China Shipping (Group) Company. This report describes our concepts, strategies and management approaches to sustainability, and also elaborates on our efforts and achievements in fulfilling economic, safety, environmental, employee and community commitments as well as the comments of stakeholders. Striving for Safety-oriented Compilation Principles Navigation This report is prepared in accordance with the Guidelines to Central Enterprises on Fulfilling Corporate Social Responsibilities released by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, the Sustainability Reporting Guidelines (G3.1) of the Global Reporting Initiative (GRI) and the Chinese CSR Report Preparation Guide (CASS-CSR 3.0) of Chinese Academy of Social Sciences. The latest version of Sustainability Reporting Guidelines (G4) is also consulted to strengthen the disclosure of management approaches. Reporting Period Aiming for Environment-Friendly This report covers the period between January 1 and December 31, 2014, with some content and data dating back to earlier years. Transport Release Frequency The report is released annually. Reporting Scope This report covers information about all tier-1 subsidiaries, some tier-2 subsidiaries, shareholding companies and joint ventures of China Shipping (Group) Company. Data Source Thriving Enterprises by Data in this report is derived from in-house documents and related statistics of China Developing Talents Shipping (Group) Company. References For readability purposes, any reference to “China Shipping”, “the Group”, or “we” in this report refers to China Shipping (Group) Company. Accesses to this Report This report is available in both Chinese and English. In case of discrepancy between the two versions, the Chinese version shall prevail. Contributing to Harmony as a To download this report, please visit our company website at www.cnshipping.com. Responsible Citizen If you need a hard copy of this report or wish to voice your opinions on its content, please contact China Shipping (Group) Company at: Addr.: No.678 Dongdaming Rd, Shanghai Tel.: 86-21-65967600 Fax: 86-21-65966348 Email: [email protected] 2014 Corporate Social Responsibility Report 02 Contents Contents 27 Striving for Safety-oriented Navigation 28 Focus: Setting Up the Work Safety Monitoring System to Ensure Long-term Safety 04 Messages from Senior Managers 30 Nipping Risks in the Bud 08 About China Shipping 31 Building Safety-oriented Teams 33 Safeguarding Smooth Navigation at Sea 14 CSR Management 35 A Trustworthy Carrier of Special Goods and Materials 19 Achieving Excellence with Integrity 20 Focus: Driving Regional Cooperation under the "One Belt and One Road" Initiative 22 Creating Outstanding Value for Customers 24 Supporting Regional Economic Development 26 Seeking Common Progresses with the Industrial Chain China Shipping (Group) Company Contents 03 Achieving Excellence with Integrity Striving for Safety-oriented 47 Thriving Enterprises by Developing Talents 70 Outlook 2015 Navigation 48 Focus: Reform of Crew Management System, a New Chapter of Institutional Development 72 Expert Comment 50 Attracting Talents to the China Shipping Family 74 Benchmark 51 Facilitating Talent Development 55 Caring about Employees 76 Appendix Aiming for Environment-Friendly 79 Feedback Form Transport 37 Aiming for Environment-Friendly Transport 61 Contributing to Harmony as a Responsible Citizen 38 Focus: CSCL Globe's Maiden Voyage Ushered 62 Focus: MH370 Salvage in a New Trend of Low-carbon Large Vessel 64 Shouldering Responsibilities in Times of Disaster 40 Optimizing the Environmental Management System Thriving Enterprises by 65 Contributing to Regional Development Developing Talents 41 Driving Green Production 67 Engaging in Public Welfare 44 Realizing Green Sailing 69 Performing CSR as a Global Citizen 46 Advocating Green Office Contributing to Harmony as a Responsible Citizen 2014 Corporate Social Responsibility Report 04 Messages from Senior Managers Messages from Senior Managers Message from the Chairman Xu Lirong Chairman of the Board and Party Secretary of China Shipping (Group) Company China Shipping (Group) Company Messages from Senior Managers 05 For a long time, central enterprises have played a leading role in ensuring steady socioeconomic development and enhancing the level of production and standard of living. For China Shipping, CSR is not only a moral responsibility, but also a proper task of central enterprises. We have integrated CSR into our strategy and DNA, striving for the alignment of economic and social values. Achieving Excellence with In 2014, the “One Belt and One Road” initiative attracted worldwide attention. As an international Integrity shipping and logistics enterprise, we have firmly seized the development opportunities brought by the New Silk Road Economic Belt and the 21st Century Maritime Silk Road. We have created new modes of logistics services, stepped up the expansion of sea-rail transport business, spurred the development of overseas terminal projects, and promoted the construction of safe and environment- friendly fleets, adding impetus, contents and advantages to the “One Belt and One Road” construction. Given the “new normal” of economic development, we have based our pluralistic strategy on our Striving for Safety-oriented major business - shipping. The establishment of China Shipping (South America) Holding Co., Ltd. signals our commanding presence in all continents and an optimized global marketing and service Navigation network. The shift of focus of our business mode from traditional shipping to industrial chain will lead to the formation of an “eco-chain” where various business segments and stakeholders can exist and grow together. In addition, the further integration of industry and finance on the strength of market research and project development is lifting our sustainable financial business to the status of economic mainstay and new engine. Safety management has always been a top priority for our production and operation. The Group and our major branches and subsidiaries have been equipped with independent safety monitoring departments. Our workplace safety monitoring mechanism ensures the full implementation of the Aiming for Environment-Friendly responsibility system for workplace safety and the standardization of production for the sake of personal and property safety of employees and customers. Meanwhile, we are pressing ahead with the reform towards unified crew management, which is conducive not only to efficiency and crew’s Transport interests, but also to the building of vigorous and cohesive teams. We continue to ramp up support for less developed areas in forms of education and entrepreneurship advocacy on top of capital input, injecting an adrenaline into regional sustainable development. By successively engaging 24 ships in the search of MH370 immediately upon request of China Maritime Search and Rescue Center, we have fulfilled our responsibility as a central enterprise in times of emergency. The maiden voyage of CSCL Globe marks the phased success of “big ship, low carbon” strategy. We have also made a decisive step in the application of liquefied natural gas (LNG) and other new energy. Such achievements, coupled with “green ships”, streamlined fleet structure and standardized Thriving Enterprises by Developing Talents port operation, indicate our all-round commitment to environmental performance. The year 2015 will witness the final spurt to our 12th Five-Year Plan and the run-up to our 13th Five- Year Plan. As an integral part of our farsighted, holistic international strategy, CSR will be further integrated with corporate restructuring, comprehensive customer services, and safe and green development so that we can create greater overall value for stakeholders. At this juncture, we will take pains with innovation and reform, bear the weight of responsibilities, and accelerate the integration of CSR ideology into daily operation. It is our firm belief that, with the support of all stakeholders, China Shipping will channel corporate sustainability into greater Contributing to Harmony as a contributions to national development and people’s wellbeing. Responsible Citizen 2014 Corporate Social Responsibility Report 06 Messages from Senior Managers Message from the President Zhang Guofa Director, President and Party Committee Member of China Shipping (Group) Company China Shipping (Group) Company Messages from Senior Managers 07 Achieving Excellence with In 2014, the sluggish recovery of world economy and the superimposition of “three periods” in China dragged shipping markets into the doldrums. However, China Shipping and our employees Integrity managed to trudge through domestic and international challenges and made new achievements. Over the year, we clocked up a cargo turnover of 1.06 trillion ton miles, up 13.2% YoY, and an operating income of RMB 83.065 billion, up 21.4% YoY. By offering better services to customers, we helped promote the commercial intercourse between countries/regions. Upholding the core values of “keeping honest and trustworthy, striving for excellence” and eyeing a strategic global layout, we have constantly improved corporate management, revved up fleet restructuring, enhanced supply chain
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